$NYX Tokenomics

Nyx’s tokenomics are meticulously designed to foster long-term value, incentivize ecosystem participation, and ensure sustainable growth through innovative mechanisms. With $NYX at the core of the Nyx ecosystem, token utility and scarcity drive its value.

Deflationary Mechanism

Driving Value Through Scarcity:

• Burn Mechanism: 50% of all transaction fees within the Nyx ecosystem are permanently burned, reducing the circulating supply and enhancing token value.

• Submission Fees: Developers pay 1,000 $NYX for every platform submission, whether proposing new AI Agents or upgrading existing ones. All fees are burned, preventing spam and maintaining the system’s integrity.

    use nyx_sdk::{Agent, SubmissionFee};

    fn main() {
        let fee = SubmissionFee::new(1000); // Fee in NYX tokens

        match fee.burn() {
            Ok(_) => println!("Submission fee successfully burned."),
            Err(e) => println!("Error burning submission fee: {:?}", e),
        }
    }
    

Utility: The Core of the Ecosystem

• AI Agent Deployments: $NYX powers the deployment of AI Agents, workflow execution, and access to premium tools.

• Workflow Execution: Tasks such as liquidity optimization and fraud detection consume $NYX, creating consistent demand.

• Advanced SDK Features: Unlock enhanced SDK capabilities, including streaming AI Agent interactions and custom module development.

Staking Incentives

• Earning Rewards: Token holders can stake $NYX to earn rewards derived from platform transaction fees.

• Access to Premium Features: Staking unlocks exclusive AI Agent augmentations and advanced platform functionalities.

• Governance Rights: Staking $NYX grants voting power to influence platform upgrades and ecosystem initiatives.

Governance

• Community-Driven Decisions: Staked $NYX tokens empower holders to propose and vote on platform improvements and feature rollouts.

• Proposal-Driven Innovation: Governance ensures the ecosystem evolves dynamically, driven by stakeholder input.

Code Example: Burning Tokens for Workflow Submission

    use nyx_sdk::{Agent, SubmissionFee};

    fn main() {
        let fee = SubmissionFee::new(1000); // Fee in NYX tokens

        match fee.burn() {
            Ok(_) => println!("Submission fee successfully burned."),
            Err(e) => println!("Error burning submission fee: {:?}", e),
        }
    }
    

Through carefully designed tokenomics, $NYX creates a sustainable and value-rich ecosystem for investors, developers, and enterprises. By aligning token utility with ecosystem growth, Nyx ensures that $NYX remains integral to a decentralized, AI-powered future.